原本还处在调整期中途的房地产市场,在巨额的信贷投放的作用下已经见底,这使得房地产周期的调整时间和幅度都远小于先前的预期伦敦土地研究联合会的执行董事弗雷德·哈里森是全球著名的房地产周期研究专家,他仔细研究了200多年来英国和美国的经济和房地产史,他认为:房地产的周期是18年左右;通常前14年房价是上涨的, The real estate market, which was still midway through the adjustment period, has bottomed out with huge credit lines, making the timing and magnitude of the real estate cycle far less than previously anticipated Fred Ludwig, Executive Director of the Land Research Federation of London Harrison is a world famous real estate cycle research expert who carefully studied the history of economy and real estate in Britain and the United States for more than 200 years. He believes that the period of real estate is about 18 years; housing prices usually rise in the first 14 years,